Funding arb · Price arb /

MOODENG

all MOODENG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0646%/8h= +70.7% APRpaid last 24h −0.112%

Price spread now: BingX against ApeX Omni−0.170%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$680.681% of the position

Long on ApeX Omni Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.168%−$17 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now −0.170%, 7d avg −0.021%

Together, before fees−0.278%−$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.148% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.021%). If the spread goes back, that is −$15 on $10k: about 18 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.168%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.168% in total (about -8.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MOODENGUSDT	0.04716	0.0100	pay 0.0013% / 1h	47m 35s	$22K	$662K	25x
Short	BingX MOODENG-USDT	0.04708	0.0746	get 0.0373% / 4h	47m 35s	—	$6.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee BingXbpOrdersPrice spread, now −0.170%Rate

Funding earned: $135.66
Price spread: −0.170% → −0.021%: −$14.84
Slippage, 4 orders: −$48.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $52.74
Costs to cover: 0.681%
Break-even: 4.3 days

Slippage from ApeX Omni: live order book, 11 min ago; BingX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 11 min ago	8.45 bp	16.4 bp −$16	132.5 bp −$1,325	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	3.17 bp	17.4 bp −$17	53.0 bp −$530	475.8 bp −$47.6K	762.7 bp −$381.3K

MOODENG on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX MOODENG/USD [WBTC.b-USDC]	L −1.1224% / S +0.0193%	1h	0.04708	−0.168%	$18	—	100x	as long as short
Aster MOODENGUSDT	+0.0100%	4h	0.04715	−0.029%	$10K	$32K	5x	as long as short
Bybit MOODENGUSDT	+0.0100%	4h	0.04712	−0.085%	$1.6M	$4.4M	50x	as long as short
OKX MOODENG-USDT-SWAP	+0.0100%	4h	0.04712	−0.085%	$2.1M	$4.7M	20x	as long as short
Gate MOODENG_USDT	+0.0100%	4h	0.04705	−0.233%	$559K	$837K	50x	as long as short
KuCoin MOODENGUSDTM	+0.0100%	4h	0.04707	−0.191%	$1.7M	$2.9M	50x	as long as short
Variational Omni MOODENG	+0.0100%	4h	0.04734	+0.385%	$9K	$32K	—	as long as short
GRVT MOODENG_USDT_Perp	+0.0100%	4h	0.04717	+0.014%	$415K	$2.5M	10x	as long as short
ApeX Omni MOODENGUSDTlong	+0.0100%	1h	0.04716	long leg	$22K	$662K	25x
SunX MOODENG-USDT	+0.0100%	4h	0.04825	+2.311%	$1K	$1.9M	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MOODENGUSDT	+0.0122%	4h	0.04715	−0.017%	$2.6M	$11.8M	50x	as long as short
MEXC MOODENG_USDT	+0.0128%	4h	0.04710	−0.127%	$905K	$321K	50x	as long as short
BloFin MOODENG-USDT	+0.0191%	4h	0.04719	+0.064%	$180K	$119K	50x	as long as short
BingX MOODENG-USDTshort	+0.0746%	4h	0.04708	−0.170%	—	$6.7M	—
Bitget MOODENGUSDT	+0.0756%	4h	0.04711	−0.106%	$1.3M	$1.2M	50x	as long as short
Kraken Futures PF_MOODENGUSD	+0.1252%	1h	0.04712	−0.079%	$62K	$128K	20x	as long as short
Hyperliquid MOODENG	+0.1335%	1h	0.04716	−0.004%	$469K	$419K	3x	as long as short